Star Management Strategic/ Future Response - yesterday
"Looking ahead the Star Entertainment Group remains focused on addressing restrictions efforts and enhancing operational risks to migrate financial pressures and regulatory risks.The company's strategic initiatives aim to restore uncertainties.
Management is committed to transparency and creative engagement with Stakeholders will be crucial in navigating the Regulatory landscape and sustaining long term growth "
SkyCity annouced today it has sold it's stake in online gaming( group ( GIG -London) for $55 million ( retire debt) which is a separate investment to its Online Casino based out of Malta .
Star will show it's hand soon with more hard assets for sale to retire debt etc IMHO.as they alluded to " reviewing the sale of non- core assets" which is the joker in the pack for our shorters.
Ann: Trading update and earnings guidance, page-8
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